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Elevator And Escalator Market in the BRIC countries - Market Study 2015-2019

Elevator And Escalator Sector: Forecast until 2019 in the BRIC countries

  • November 2015
  • 87 pages
  • ID: 3391368
In this report:
The construction market attracted a total investment of $##.## billion in 2014 and is expected to attract $##.## billion in 2019, growing at a CAGR of ##.##% during the forecast period.
Investment in the residential construction sector is expected to increase from $##.## billion in 2014 to reach $##.## billion in 2019, growing at a CAGR of ##.##% during the forecast period.

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Elevator And Escalator Sector in the BRIC countries - Market Study 2015-2019

Covering: This market research report segments the elevator and escalator sector in BRIC countries by product (elevators and escalators) and by area (Brazil (BR), Russia, India (IN), and China (CN)). Key leading dealers analyzed in this market study are Hitachi, KONE, Mitsubishi, Otis, Schindler, and ThyssenKrupp.

Market outlook of the elevator and escalator sector in the BRIC countries

Elevators and escalators are installed in public places and mixed-used buildings such as IT parks, hotels, restaurants, and retail outlets. The industry for escalators and elevators in the BRIC countries is projected to post a modest increase rate of more than 13.0 percent by 2019. The unparalleled growth witnessed in the construction sector in BRIC countries is anticipated to account for this market's steady increase rate during the estimate period.

Among all the BRIC countries, China (CN) is anticipated to dominate the sector for elevators and escalators during the outlook period. In China (CN), the elevators segment is envisaged to account for more than 88.0 percent of the global additional unit installations, while the escalators segment is anticipated to account for a mere 11.0 percent of the global additional unit installations.

Product-based division of the elevator and escalator sector in the BRIC countries

- Elevators

- Escalators

In this market study, Technavio's market research analyst has estimated the escalator segment to show a bigger market rise rate than the elevator segment. Since most infrastructure projects employ more number of escalators than elevators, developments in the construction sector will result in this segment's quick growth during the estimate period.

What is the current competitive panorama? Who are the main vendors?

The elevator and escalator sector in BRIC countries is leaded by, is monopolized by a few leading dealers such as Hitachi, KONE, and Mitsubishi. Despite the dominance of the leading merchants, various small domestic dealers take part in country-specific construction activities and offer services such as elevator and escalator installation, maintenance, and modernization services.

Leading merchants in this sector are -

Other main sellers are Canny Elevator, Express Lifts, Express Lifts, Fujitec, Hyundai Elevator, Johnson Lifts, Kleemann Group, and Shenyang Brilliant Elevator.

Growth drivers, opportunities, and upcoming trends: Elevators and escalators

Market research company's analysts estimate upcoming trends, including the advent of clever elevators, to foster industry growth during the outlook period. Smart elevators are quickly gaining popularity as they have an integrated safety and control system and offer features such as high operation speed and high-energy efficiency. The augmented implementation of these elevators in high-rise buildings and IT parks is anticipated to boost the perspectives for increase in the elevator and escalator sector in the BRIC countries.

This industry report offers a number of factors providing to the adoption, limitations, and opportunities of the elevator and escalator sector in the BRIC countries. It also provides an analysis of each factor and an estimation of the extent to which the factors are likely to impact the worldwide sector increase.

What are the main questions answered?n the market research

contain

- What will the market value and the increase rate be in 2019?

- What are the most significant drivers yielding the elevator and escalator sector in the BRIC countries?

- What are the main segment trends affecting the growth of the elevator and escalator sector in the BRIC countries?

- What are the conditions to market growth?

- Who are the main vendors in the elevator and escalator sector in the BRIC countries?

- What are the opportunities in this industry and segment risks faced by the sellers in the elevator and escalator sector in the BRIC countries

- What are the main outcomes of the Porter 5 forces analysis of the elevator and escalator sector in the BRIC countries?

Market research company also provides customization on reports established on particular client requirement.

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